The restructuring events database contains factsheets with data on large-scale restructuring events reported in the principal national media and company websites in each EU Member State. This database was created in 2002.
Manufacturing Manufacture For Transport Equipment Manufacture Of Other Transport Equipment 30 - Manufacture of other transport equipment
784 jobs Number of planned job losses
Announcement Date
15 October 2003
Employment effect (start)
1 January 2002
Foreseen end date
1 February 2004
Description
Orskov announced 350 redundancies on January 29 2002, and in August of the same year a further 390 were dismissed in connection with the closure of the 'new building department'. In January 2003 the shipyard changed name to Orskov Yard and activities were focused on ship repair only. August 20 2003, 154 employees were sent home on shift in agreement with the unions. In October 2003 a further 44 had to be dismissed due to failing orders.
Sources
15 August 2003: www.sid.dk
15 October 2003: www.sid.dk
29 January 2002: www.danskmetal.dk
20 August 2003: www.sid.dk
Citation
Eurofound (2003), Ørskov Staalskibsværft (Ørskov Shipyard), Internal restructuring in Denmark, factsheet number 60050, European Restructuring Monitor. Dublin, https://restructuringeventsprod.azurewebsites.net/restructuring-events/detail/60050.
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